"The total stock market index fund aims to match the performance of the entire stock market, offering diversification beyond just the largest companies."
"Investing in a total stock market index fund provides immediate diversification with minimal effort, making it an attractive option for retirement savings."
A total stock market index fund is a straightforward investment option that allows for immediate diversification, contrasting with portfolios concentrated in individual stocks or S&P 500 funds. While it includes a variety of companies from across the market, its returns may not always meet investor expectations. While cash savings are important, long-term wealth building involves stock market investments. As retirement approaches, a gradual shift to cash might be prudent, but in the wealth accumulation phase, total stock market index funds are favored for their broad market exposure.
Read at 24/7 Wall St.
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